China News Service, March 18. The State Council Information Office held a press conference on March 18. Liu Aihua, spokesperson, chief economist and director of the National Economic Comprehensive Statistics Department of the National Bureau of Statistics, introduced the operation of the national economy from January to February 2024. .

When answering questions about the real estate industry, Liu Aihua pointed out that optimizing the implementation of real estate policies and measures will contribute to the stable, healthy and high-quality development of the real estate market.

The data picture shows the Nanjing Chengdong real estate.

(Drone photo) Photo by China News Service reporter Yang Bo

  Liu Aihua introduced that since 2023, various regions and departments have implemented city-specific policies to optimize real estate regulation, promote the reduction of mortgage costs, and actively promote the work of guaranteeing the delivery of properties. The implementation of these policies has played a positive role in promoting the stable and healthy development of the real estate market.

In the first two months of this year, national real estate development investment fell by 9% year-on-year, and the decline was 0.6 percentage points narrower than the entire previous year.

In terms of sales, from January to February, the sales area of ​​newly built commercial housing nationwide fell by 20.5% year-on-year, and sales fell by 29.3%.

From a price point of view, in February, the month-on-month decline in commercial residential sales prices in all tiers of 70 large and medium-sized cities continued to narrow overall, and continued to decline year-on-year.

From the retail sector, from January to February, the retail sales of furniture for units subject to restrictions increased by 4.6% year-on-year, and that of construction and decoration materials increased by 2.1%, which was an improvement from December last year.

Based on the data in these fields, the real estate market is still in the process of adjustment and transformation.

  Liu Aihua pointed out that in 2024, the Central Economic Work Conference and the National Two Sessions put forward clear requirements for optimizing real estate policies and promoting the stable and healthy development of the real estate market. They required adapting to the development trend of new urbanization and changes in the supply and demand relationship of the real estate market, and accelerating the construction of a new era of real estate development. model, increase the construction and supply of affordable housing, improve the basic systems related to commercial housing, and meet residents' rigid housing needs and diversified improvement housing needs. The implementation of these policies and measures will contribute to the stability, health and high quality of the real estate market develop.